Hargreaves Lansdown receives fresh £5.4bn approach from private equity consortium
HL board would be willing to recommend the offer to shareholders should interest be firmed up
HL board would be willing to recommend the offer to shareholders should interest be firmed up
Platforms requiring retail investors to undertake knowledge tests before buying certain trusts is bruising the already-ailing sector
Increases assets under administration by 5% for quarter
Gravis’s Bill MacLeod explains how a FinDaTex tweak could prevent double-counting of investment company costs
Sales of investment companies overtook purchases by £53m
Institutions hold £89bn in investment company shares
Outflows increased by 36.3% compared to 2022
Jump of 44% on the inflows through the same route a year ago
In restricting access to certain funds and trusts, are platforms making an assumption that DIY investors are incapable of grown-up value assessments?
Will also cut trading fees
Assets under administration (AUA) climbed 11% to £70.9bn
Three businesses folded into one brand